DGCA summons Kingfisher officials, govt says no bailout

DGCA summons Kingfisher officials, govt says no bailout

Kingfisher's chief executive officer and top officials were summoned today by the DGCA to explain the large-scale disruptions in the operations of the cash-strapped carrier even as government ruled out any bailout.

The Directorate General of Civil Aviation has asked senior officials of the airlines, including CEO Sanjay Aggarwal, to appear before it tomorrow to explain the cancellations.

DGCA summons Kingfisher officials, govt says no bailout

"No, government is not going to have any bailout," the minister told reporters, adding, "Government is not going to ask banks or private industry for that matter".

"Recently government had seized their bank accounts also. So our first concern is that flights which are ongoing, passenger safety should not be compromised and then let us see what reply they give. DGCA is inquiring into it," Singh said.

He said Kingfisher is facing several financial problems.

"Day before yesterday, as they did not give salary to their employees for many months, people went on strike in Kolkata. Naturally, the flights got cancelled," he said.